VOL. XXXVIII

NO. 26

27-MARCH-1995

Saudi Arabia

Saudi Aramco Is Poised To Acquire 100% Of Motor Oil's Greek Refining AndMarketing Assets

Saudi Aramco now seems poised to acquire 100% of the Greek refining companyMotor Oil Hellas together with related gasoline retails outlet in Greece, MEESunderstands. Earlier reports had suggested that Aramco was planning to acquireonly a 50% stake in these properties (MEES, 9 January). The "duediligence" procedure for the verification of key financial data is now...